Does nuclear power contribute to Global Warming/Climate Change?
Nuclear power does not burn fossil fuels so does not emit carbon like oil , gas and coal do. However nuclear power generation does produce heat , the nuclear reactors must be kept cool and they use rivers to maintain a constant flow of cold water in and warm waste water out.This warm water lowers the oxygen level in the rivers and can kill fish. The nuclear power stations generate nuclear waste that we do not know how to dispose of or how to make safe. We simply store for ever really as its half life is 50,000 years so it will be half as dangerous in 50,000 years time. That waste will mount up and become ever increasingly expensive to store.
Are Indians overestimating the country’s GDP growth rate?
The reality of the world is this: If you call yourself a democracy, chances are, western bankers have some control in your economy. They will do everything to praise India, move you up 30 places in the “ease of doing business” department, change your GDP numbers a bit, because their interest, investments are attached to you.The same institutions have been wrong about China for the past 30 years, because China refuses to be subservient to them, and has an independent foreign policy. Are they credible? Of course not. Look at the following statement: “India is the fastest growing major economy”. See anything? The word “major”. It excludes all smaller countries that grow at 10% per year due to that single word. Who is bigger than India in this world? Only one by population, China. And they must mean “growth rate”. Because US grows at 3%, and that is more than half a trillion, China grows at 6.7%, and that is more than 800 billion dollars. India at 7% is around 140 billion dollars. The gap is quite large. The fastest growing economy, major or not, is still China. No country in human history grew that fast.Do Indians overestimate its growth? In my experience talking to people, YES. To the point it is making mistakes in foreign policy. People will act and talk a certain way if he/she thinks he/she is the biggest, or thinks he/she has an advantage over others. And trust me, many see Indians around the world as overdoing it. I understand Indians must feel this: If China goes around doing that, why can’t we? After all, we are the fastest growing major economy! If Africans do that to India, would India not feel the same? But the reality is, look it up, Africa, if it were a country, is today a 3.3 trillion economy, 1 trillion ahead of India. They don’t go around like China pushing their weight around, because they know where they are. They are not buying 3 aircraft carriers.I apologize if it makes you feel bad because I know Indians are emotional people, but the truth is the truth. It will serve India much better if you dealt with the world according to your size and weight. Remember , Africa has a billion people too and their economy as a whole is better than India. And the EU, US, China, Russia are still there, with more say in many fields. And the middle east, who have oil, and thus have some power and say. People will respect India much more if India knows it's place in the world better.
Is increasing co2 effect on global warming linear, exponential or logarithmic?
Global warming is a hoax. Check the temperatures from last year. It was one of the coldest years for this planet in many years.
During a recession, is it better to increase government spending or decrease taxes? MACROECONOMICS?
Borrowing constraints exist when consumers are unable to borrow as much as they desire, i.e., they are not able to smooth consumption. This is more likely to happen during a recession than an expansion. Suppose the economy is currently in recession. In order to spur economic activity, would you recommend a reduction in taxes or an increase in government expenditures? Any help would be appreciated.
Where did Iiberals learn the fallacy that simply raising tax rates on the rich increases tax revenue?
Tax rates are a percentage of the taxable amount. Increasing the taxable amount increases tax revenue. As well as increasing the volume of tax payers increase tax revenue. 35% of $1 million is higher than 50% of $200K. 100 tax payers is higher tax than 50 tax payers.